PUBLISHER: KBV Research | PRODUCT CODE: 1548658
PUBLISHER: KBV Research | PRODUCT CODE: 1548658
North America Automotive Blind Spot Detection System Market Size, Share & Trends Analysis Report By Propulsion Type, By Technology, By Vehicle Type, By Country and Growth Forecast, 2024 - 2031
The North America Automotive Blind Spot Detection System Market would witness market growth of 10.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automotive Blind Spot Detection System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,327.8 Million by 2031. The Canada market is experiencing a CAGR of 12.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.5% during (2024 - 2031).
An automotive blind spot detection (BSD) system is an advanced driver assistance technology designed to enhance vehicle safety by alerting drivers to the presence of vehicles or objects in their blind spots. Blind spots are areas around a vehicle that are not visible through standard mirrors, which can pose significant risks during lane change. The primary application of BSD systems is to improve driver safety by reducing blind spot-related accidents. These systems are integrated into vehicles to provide real-time alerts to drivers about objects or vehicles that may not be visible through traditional mirrors.
In addition, BSD systems can be integrated with vehicle telematics systems to provide real-time data about blind spot incidents and driver behaviour. This integration helps fleet management by analyzing safety data and improving driver training. In addition to traditional blind spot detection, some BSD systems include cross-traffic alert features that warn drivers of approaching vehicles from perpendicular directions when backing out of parking spaces.
The growing number of traffic injuries in Canada has intensified public and governmental concerns about road safety. This heightened awareness has driven increased demand for advanced safety technologies, including BSD systems, as they prevent accidents and reduce injury rates. According to the Canadian government, in 2021, motor vehicle fatalities totalled 1,768, representing an increase of 1.3% compared to the 2020 figure of 1,746. Mexico's high vehicle production translates to a larger market for BSD systems. As more vehicles are produced, there is a growing opportunity for integrating BSD systems into new and existing vehicles, increasing overall market demand. As per the International Trade Administration (ITA), Mexico is the seventh-largest manufacturer of passenger vehicles globally, with an annual production of 3.5 million. The United States is the destination for 76 percent of the eighty-eight percent of vehicles manufactured in Mexico that are exported. In conclusion, increasing traffic injuries and high production of vehicles in the region are driving the market's growth.
Based on Propulsion Type, the market is segmented into ICE, and Electric. Based on Technology, the market is segmented into Radar, Camera, and Ultrasonic. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- ZF Friedrichshafen AG
- Valeo SA
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Mercedes-Benz Group AG
- Magna International, Inc.
- Intel Corporation
- Forvia SE
- Aptiv PLC
- Autoliv, Inc.
North America Automotive Blind Spot Detection System Market Report Segmentation
By Propulsion Type
- ICE
- Electric
By Technology
- Radar
- Camera
- Ultrasonic
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive Blind Spot Detection System Market, by Propulsion Type
- 1.4.2 North America Automotive Blind Spot Detection System Market, by Technology
- 1.4.3 North America Automotive Blind Spot Detection System Market, by Vehicle Type
- 1.4.4 North America Automotive Blind Spot Detection System Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.2.5 Trials and Approvals
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Dec - 2024, Mar) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Automotive Blind Spot Detection System Market by Propulsion Type
- 5.1 North America ICE Market by Region
- 5.2 North America Electric Market by Region
Chapter 6. North America Automotive Blind Spot Detection System Market by Technology
- 6.1 North America Radar Market by Country
- 6.2 North America Camera Market by Country
- 6.3 North America Ultrasonic Market by Country
Chapter 7. North America Automotive Blind Spot Detection System Market by Vehicle Type
- 7.1 North America Passenger Cars Market by Country
- 7.2 North America Commercial Vehicles Market by Country
Chapter 8. North America Automotive Blind Spot Detection System Market by Country
- 8.1 US Automotive Blind Spot Detection System Market
- 8.1.1 US Automotive Blind Spot Detection System Market by Propulsion Type
- 8.1.2 US Automotive Blind Spot Detection System Market by Technology
- 8.1.3 US Automotive Blind Spot Detection System Market by Vehicle Type
- 8.2 Canada Automotive Blind Spot Detection System Market
- 8.2.1 Canada Automotive Blind Spot Detection System Market by Propulsion Type
- 8.2.2 Canada Automotive Blind Spot Detection System Market by Technology
- 8.2.3 Canada Automotive Blind Spot Detection System Market by Vehicle Type
- 8.3 Mexico Automotive Blind Spot Detection System Market
- 8.3.1 Mexico Automotive Blind Spot Detection System Market by Propulsion Type
- 8.3.2 Mexico Automotive Blind Spot Detection System Market by Technology
- 8.3.3 Mexico Automotive Blind Spot Detection System Market by Vehicle Type
- 8.4 Rest of North America Automotive Blind Spot Detection System Market
- 8.4.1 Rest of North America Automotive Blind Spot Detection System Market by Propulsion Type
- 8.4.2 Rest of North America Automotive Blind Spot Detection System Market by Technology
- 8.4.3 Rest of North America Automotive Blind Spot Detection System Market by Vehicle Type
Chapter 9. Company Profiles
- 9.1 Robert Bosch GmbH
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.6 SWOT Analysis
- 9.2 Continental AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Denso Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 ZF Friedrichshafen AG
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Valeo SA
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Geographical Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Infineon Technologies AG
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 SWOT Analysis
- 9.7 NXP Semiconductors N.V.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Magna International, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
- 9.9 Forvia SE
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 SWOT Analysis
- 9.10. Mercedes-Benz Group AG
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Trials and Approvals:
- 9.10.6 SWOT Analysis
- 9.11 Intel Corporation
- 9.11.1 Company Overview
- 9.11.2 Financial Analysis
- 9.11.3 Segmental and Regional Analysis
- 9.11.4 Research & Development Expenses
- 9.11.5 Recent strategies and developments:
- 9.11.5.1 Mergers and Acquisitions:
- 9.11.6 SWOT Analysis
- 9.12 Aptiv PLC
- 9.12.1 Company Overview
- 9.12.2 Financial Analysis
- 9.12.3 Segmental and Regional Analysis
- 9.12.4 Research & Development Expense
- 9.12.5 SWOT Analysis
- 9.13 Autoliv, Inc.
- 9.13.1 Company Overview
- 9.13.2 Financial Analysis
- 9.13.3 Regional Analysis
- 9.13.4 Research & Development Expense
- 9.13.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 2 North America Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Automotive Blind Spot Detection System Market
- TABLE 4 Product Launches And Product Expansions- Automotive Blind Spot Detection System Market
- TABLE 5 Acquisition and Mergers- Automotive Blind Spot Detection System Market
- TABLE 6 Geographical Expansions - Automotive Blind Spot Detection System Market
- TABLE 7 Trials and Approvals- Automotive Blind Spot Detection System Market
- TABLE 8 North America Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 9 North America Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 10 North America ICE Market by Region, 2020 - 2023, USD Million
- TABLE 11 North America ICE Market by Region, 2024 - 2031, USD Million
- TABLE 12 North America Electric Market by Region, 2020 - 2023, USD Million
- TABLE 13 North America Electric Market by Region, 2024 - 2031, USD Million
- TABLE 14 North America Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 15 North America Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 16 North America Radar Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Radar Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Camera Market by Country, 2020 - 2023, USD Million
- TABLE 19 North America Camera Market by Country, 2024 - 2031, USD Million
- TABLE 20 North America Ultrasonic Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Ultrasonic Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 23 North America Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 24 North America Passenger Cars Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Passenger Cars Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Commercial Vehicles Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Commercial Vehicles Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Automotive Blind Spot Detection System Market by Country, 2020 - 2023, USD Million
- TABLE 29 North America Automotive Blind Spot Detection System Market by Country, 2024 - 2031, USD Million
- TABLE 30 US Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 31 US Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 32 US Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 33 US Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 34 US Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 35 US Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 36 US Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 37 US Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 38 Canada Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 39 Canada Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 40 Canada Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 41 Canada Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 42 Canada Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 43 Canada Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 44 Canada Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 45 Canada Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 46 Mexico Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 47 Mexico Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 48 Mexico Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 49 Mexico Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 50 Mexico Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 51 Mexico Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 52 Mexico Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 53 Mexico Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 54 Rest of North America Automotive Blind Spot Detection System Market, 2020 - 2023, USD Million
- TABLE 55 Rest of North America Automotive Blind Spot Detection System Market, 2024 - 2031, USD Million
- TABLE 56 Rest of North America Automotive Blind Spot Detection System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 57 Rest of North America Automotive Blind Spot Detection System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 58 Rest of North America Automotive Blind Spot Detection System Market by Technology, 2020 - 2023, USD Million
- TABLE 59 Rest of North America Automotive Blind Spot Detection System Market by Technology, 2024 - 2031, USD Million
- TABLE 60 Rest of North America Automotive Blind Spot Detection System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 61 Rest of North America Automotive Blind Spot Detection System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 62 Key Information - Robert Bosch GmbH
- TABLE 63 Key Information - Continental AG
- TABLE 64 Key Information - Denso Corporation
- TABLE 65 Key Information - ZF Friedrichshafen AG
- TABLE 66 Key Information - Valeo SA
- TABLE 67 Key Information - Infineon Technologies AG
- TABLE 68 Key Information - NXP Semiconductors N.V.
- TABLE 69 Key Information - Magna International, Inc.
- TABLE 70 Key Information - Forvia SE
- TABLE 71 key information - Mercedes-Benz Group AG
- TABLE 72 Key Information - Intel Corporation
- TABLE 73 Key Information - Aptiv PLC
- TABLE 74 Key Information - Autoliv, Inc.
